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Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
 Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top coal miner Banpu PCL, a senior government official said on Monday.
Indonesian police temporarily closed the Jorong coal mine in Indonesia's portion of Borneo island last week over the permitting issue.
"We are holding talks at the coordinating economics' ministry on how to settle this issues," Bambang Setiawan, director general of coal, minerals and geothermal at the energy and mining ministry, told reporters.
The official said that the Jorong mine had already put in a request to Indonesia's forestry ministry to extend its permit, but one had not yet been issued.
"Because of a need to continue production, the producer went on operating without the extension permit," he added.
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"We are holding talks at the coordinating economics' ministry on how to settle this issues" - Bambang Setiawan, director general of coal, minerals and geothermal
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Banpu confirmed in a statement last Thursday that the mine had been shut but said it would only have a slight impact on production at its Indonesian unit Indo Tambangraya Mega Tbk
Indo Tambangraya has six coal concessions on Borneo island including Jorong in South Kalimantan.
Another official at the energy and mining ministry said problems like this over land permits could hit mining output by increasing uncertainty in the investment climate in Indonesia.
"Indonesia needs more coal to supply coal-fired power plants, especially in Java island, from this year," said the official, who declined to be identified by name.
"If there are many of this type of problem in the sector then it will cut coal production in future," added the official.
Coal output from Jorong mine accounted for around 1.97 million tonnes, or 8.6 percent of Banpu's 2010 production target of 23 million tonnes, the firm has said.
Banpu said it did not know when it would be able to resume operations.
Jorong mine produces sub-bituminous coal which is supplied to local power plants and overseas utilities.
According to estimates from Indo Tambangraya, Jorong mine produced 2.85 million tonnes in 2009, with 2.3 million tonnes targeted at the overseas market.
Indonesia Forestry Minister Zulkifli Hasan told Reuters on Jan 10 the ministry had revoked the land use permits for 23 mining and other firms operating in forested areas and may crack down further, indicating a tougher stance on environmental protection.
But the government of President Susilo Bambang Yudhoyono has also pledged to resolve bottle necks and other bureaucratic obstacles that frequently hamper investment projects and have discourage investment in the mining sector.
Source: Reuters
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Monday, 07 December 09
CHINA COKING COAL PRICE MAY RISE 14% ON DEFICIT, CITIGROUP SAYS
Coking coal prices in China, the world’s biggest steel producer, may rise 14 percent next year because of a supply deficit, Citigroup Inc. sai ...
Monday, 07 December 09
JSW STEEL TO SELL MOZAMBIQUE COAL MINE FOR RS 300 CRORE
JSW Steel may sell its coal mine in Mozambique to sister company JSW Energy as the mine has become commercially unviable for the steel producer, a t ...
Monday, 07 December 09
BLACK RIDGE MINING ENTERS AGREEMENT WITH INDONESIAN COAL PRODUCER
Australian-listed Black Ridge Mining has entered into an exclusive dealing and non-circumvention agreement with Indonesian coal producer PT. Inmas A ...
Sunday, 06 December 09
THE ECI / CHINA (S7) ROUTE SOFTENED AND WAS AT US$ 25,275 PER DAY - VISTAAR
COALspot.com (Singapore): "The market was bit soft in the beginning of the week, however towards mid week that market started to pick up and th ...
Sunday, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port. ...
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- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Economic Council, Georgia
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Parliament of New Zealand
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- The University of Queensland
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- Planning Commission, India
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
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